Uber valuation said to be upwards of $17B

Next Story

RebelMouse relaunches, tuned for viral content

Bids for on-demand car service app Uber are said to be valuing the company at $17 billion, rumors say. Some are walking away, having reached their limit for the app’s valuation well below that (but still, many say, ranking it in the billions with an “s”).

General Atlantic, Blackrock, and Technology Crossover Ventures are said to have interest in Uber with investment in the half billion range and valuation over $10-12B. Recently, however, General Atlantic pulled from the bidding without citing a reason, though likely because the valuations kept climbing.

Last summer, Uber had a valuation of about $3.5 billion, but this latest round seems to see the app as being far more profitable now that it’s globally accessible. Currently, the three most valuable startups in terms of valuation are Airbnb, Dropbox, and Xiaomi, all given valuations of about $10 billion (each) in the last year.

To put that into perspective, Spotify’s latest valuation had it at only $4 billion, Elon Musk’s SpaaceX at just $4.8 billion, and Uber at just $3.8 billion in their last rounds of funding.

Uber is aiming to raise about $500 million this round, but may have to “settle” for more than that if its valuation continues upward and investors go along with that.

Things are certainly getting crazy in the startup world. Let’s see where this leads.


Cooner NOS MIL SPEC Wire NMEF2/22-6540 J Extra Flexible Multi Conductor ≈ WOW ≈ picture
Cooner NOS MIL SPEC Wire NMEF2/22-6540 J Extra Flexible Multi Conductor ≈ WOW ≈
100 ft- 26AWG 3 Conductor M27500-26SC3S14 Mil-spec Wire Shielded ETFE strnd19/38 picture
100 ft- 26AWG 3 Conductor M27500-26SC3S14 Mil-spec Wire Shielded ETFE strnd19/38
100 ft - 26AWG 2 Conductor Triple Shielded Mil-Spec Twisted Pair Wire Cable 1553 picture
100 ft - 26AWG 2 Conductor Triple Shielded Mil-Spec Twisted Pair Wire Cable 1553
WAGO, 2 CONDUCTOR THROUGH MINIATURE TERMINAL BLOCKS  264-324, LOT OF 50 picture
WAGO, 2 CONDUCTOR THROUGH MINIATURE TERMINAL BLOCKS 264-324, LOT OF 50
Burndy - K2A31U-2N Two Conductor Terminal Lug picture
Burndy - K2A31U-2N Two Conductor Terminal Lug